JPMorgan Asset Management foresees stock rally continuing in H2

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Jpmorgan Asset Management News

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JPMorgan Asset Management's outlook for the second half of 2024 forecasts a broadening market rally (^DJI, ^IXIC, ^GSPC) to expand past the tech sector and...

But strategists believe this could change in the second half of the year here with more Yahoo finance's Josh Schafer.So it is about the middle of June, which means it's time for a lot of strategy teams to come out with their second half of the year outlook, right?

It's not outperforming the S and P 500 but you're starting to get a bid and she thinks really what you need now is probably just these earnings to actually come through in the second quarter. And one other thing they highlighted that was interesting because I know you guys had a conversation recently with Michael Kantrowitz about a, a two way football player and sort of defense and offense, right, playing both sides of the ball, like you probably did Josh.And he said utilities can be defensive, but they also have an A I play J PM today was mentioning health care and sort of the hype trade themes that you can get in health care right now with G LP ones.

And they think the economy can overall hold up with inflation coming down and we're still on that narrow path for the soft land.This dividend stock has a strong history of dividend payments and growth, but offers even more for long-term investors. The post This 8.1% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.

 

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JPMorgan asset management sees stocks powering on in second halfA historically strong start to the year for the U.S. stock market should continue into the second half of 2024, according to JPMorgan Chase & Co.’s asset management division.
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